NPV International (NPV) has put a fully consented build-to-rent (BTR) development opportunity in Leeds city centre on the market.
Situated at 4 Canal Wharf, Zurich House occupies a gateway site in the city’s South Bank regeneration area. Planning consent was recently secured for the comprehensive redevelopment of the site into a 170-unit residential scheme, featuring a mix of studios, one-, two- and three-bedroom apartments.
The scheme’s onsite amenity offer will include a gym, cinema room, co-working spaces, dining/function room and a rooftop terrace offering panoramic views of the city.
Rhys Williams, associate director at Catella APAM, which has been appointed by NPV to launch the sale of the asset, said: “Zurich House represents an exceptional opportunity to acquire a planning-approved, design-led BTR scheme in one of the UK’s strongest regional rental markets. With its strategic location, ESG-focused design, and short walk to key transport and employment hubs, this asset is ideally positioned for forward funders, investors, or developers seeking scalable urban rental stock.”
The scheme has been progressed by Bankfoot APAM, Catella APAM’s specialist development joint venture. JLL has been appointed to bring the site to market.